THE DRILL SERGEANT: Each week any number of junior exploration plays set out to drill their ground. Here’s a small selection of what’s been happening this week. West Melton copper-gold project Marmota Energy (ASX: MEU) has commenced drilling on the company’s West Melton copper-gold project on the Yorke Peninsula in South Australia. The program is […]
THE BOURSE WHISPERER: The regular game of musical chairs continues within the boardrooms across the resources industry. Chief Executive Officer Succession Kingsgate Consolidated (ASX: KCN) has advised that managing director and chief executive officer Gavin Thomas, will be stepping down from that role, effective June 2014, after nearly ten years in the position, after some […]
THE DRILL SERGEANT: Inca Minerals (ASX: ICG) has received assay results for the third deep hole to be drilled at the company’s Chanape project in Peru. The drilling has encountered four broad zones of mineralisation, averaging between 0.58 per cent copper equivalent (CuEq) and 0.43 per cent CuEq, forming a contiguous down-hole section of 177 […]
THE DRILL SERGEANT: Classic Minerals (ASX: CLZ) is currently reviewing geophysical data including historic geochemistry to the south of its Mammoth discovery within the company’s Fraser range project in Western Australia. The company said the review has now has highlighted a three kilometre extension to the conductive target zone extending the conductive target ‘hot zone’ […]
THE DRILL SERGEANT: Adelaide Resources (ASX: ADN) has received initial assay results from a program of aircore program conducted at the Alford West prospect, located in the northern part of the company’s Moonta cooper gold project on the Northern Yorke Peninsula of South Australia. The results have delivered an early highlight with hole ALWAC171 encountering […]
THE DRILL SERGEANT: Laconia Resources (ASX: LCR) has identified additional high-grade copper-gold-silver values at the Favi prospect extending 400 metres north of the Española 1 prospect within the company’s Kimsa Orcco project in Peru. The Kimsa Orcco project is the combination of the company’s Rasuhuilca and Huaco Cucho projects. Plan View of the Indigena, […]
THE DRILL SERGEANT: Cobre Montana (ASX: CXB) has received results from a recently-conducted surface sampling program at the company’s Mantos Grandes project in Chile. The program has taken a total of forty-three channel samples from the area immediately surrounding the Mantos Grandes mine as well as the La Demonia and Agua del Minero prospects. […]
THE DRILL SERGEANT: Midas Resources (ASX: MDS) has released an updated JORC Code 2012-compliant Mineral Resource Estimate by RungePincockMinarco (RPM) for the company’s 100 per cent-owned Kalman deposit near Mt Isa in North West Queensland. The Resource comprises a combined 30 million tonnes at 1.3 per cent copper equivalent (CuEq) at 0.54 per cent copper, […]
THE DRILL SERGEANT: Argent Minerals (ASX: ARD) has released assay results for the first phase of a diamond drilling program recently undertaken at the company’s Kempfield polymetallic silver project in New South Wales. The company declared base metals have been intersected at depth by two holes. The first – an extension of West McCarron hole […]
THE DRILL SERGEANT: West African Resources (ASX: WAF) has encountered further high-grade results from ongoing reverse circulation (RC) and diamond core drilling programs at the Mankarga 5 deposit. The Mankarga deposit is located on the Tanlouka Permit, which is part of the company’s Boulsa project, in Burkina Faso. Since early February West African has reported […]
